What young Australians should know about the Greens' housing policy

Argentina has just elected a classical liberal president Javier Milei, and he has abolished rental controls in the country.

Overnight rents dropped by 20 percent as the number of houses on the market doubled. When you fiddle with property rights, property owners make smart choices.

The Greens complain that 10 percent of Australia's housing is vacant (a figure which is about what it should be, given holiday houses, temporary vacancies because of property sales or rental vacancies, or people away for work or otherwise absent on holidays).

That figure would be a lot higher under rent caps as owners make the rational decision that if they can't make a living at the Greens "reasonable" rents, then they should hold the house off the market.

If our millennial Australians don't wake up soon to the Greens' destructive ignorance about housing, they will walk into their own nightmare if they vote Greens' policies in.

Not just home ownership, but renting reasonable digs, will be outside their budgets.

In that case, they may even need public housing, and just like our prime minister, in the future, they'll be able to regale their kids with stories of how tough it was growing up in a public housing estate